January Crypto Watchlist: Shiba Inu (SHIB), Dogecoin (DOGE), Cronos (CRO)

Last Updated December 30th 2022

2 Min Read

The cryptocurrency market has been bearish for the past months. This follows a drop in volumes and rising inflation that has reduced consumer purchasing power and has triggered a pivot away from risky assets.

While the current environment makes the market pretty unattractive, this could be the best time to invest in high-potential cryptocurrencies. This article looks at the top 3 cryptocurrencies to put on your watchlist for January.

Shiba Inu (SHIB)

Shiba Inu is a meme coin that could do well in January 2023. That’s because it has big news coming up in the month that is likely to impact its price positively. Shiba Inu recently launched a Metaverse and is set to become deflationary. Shiba Inu has already cut a significant portion of its total supply, and now that it is set to be more deflationary, its value could go up faster than the rest of the market.

Shiba Inu (SHIB) Price Prediction

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Dogecoin (DOGE)

Dogecoin is one of the best meme coins and has had some big news lately. For the longest time, Elon Musk has been one of the biggest promoters of Dogecoin. Recently Musk tweeted about the latest Dogecoin core software update, which improves security, efficiency and user interface. Dogecoin has been also accepted as a means of payment in several online and retail merchants. Integrating Dogecoin crypto payments will enhance the crypto’s value and increase the number of real-world uses that the crypto has to offer. This is likely to keep the hype in Dogecoin high and could see DOGE become a top-performing cryptocurrency in January.

Dogecoin (DOGE) Price Prediction

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Cronos (CRO)

Cronos is a penny cryptocurrency that could do well in January. Cronos's prospects for growth will get better because of the upcoming world cup in Qatar. That’s because Cronos will be one of the official sponsors of the world cup. Cronos's publicity from this sponsorship could trigger a price rally that could last for the better part of the year. Now that Cronos is still trading at multi-month lows, it is likely to keep drawing in new investors faster than most other cryptocurrencies. It’s undoubtedly one of the best cryptocurrencies that could explode for the remainder of 2023.

Crypto.com Coin (CRO) Price Prediction